Incannex Healthcare Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $67.7M | $15.0M | $5.9M | $22.1M | $25.8M | $9.1M | $3.6M |
| Accounts Receivable | — | — | — | $287.5K | $294.7K | $169.1K | $225.1K |
| Inventory | — | — | — | — | — | — | — |
| Total Current Assets | $72.8M | $20.0M | $16.2M | $23.0M | $37.9M | $9.3M | $4.2M |
| Property, Plant & Equipment | $4.0K | $227.0K | $472.0K | $294.0K | — | — | — |
| Goodwill | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — |
| Total Assets | $73.0M | $20.4M | $17.0M | $23.8M | $37.9M | $9.3M | $4.2M |
| Liabilities | |||||||
| Accounts Payable | $1.1M | $6.1M | $527.0K | $1.7M | $1.3M | $233.1K | $590.1K |
| Total Current Liabilities | $1.5M | $7.0M | $5.6M | $2.6M | $2.0M | $755.0K | $1.1M |
| Long-Term Debt | — | — | — | — | — | — | — |
| Total Liabilities | $5.6M | $7.1M | $5.8M | $3.0M | $13.2M | $755.0K | $1.1M |
| Stockholders' Equity | |||||||
| Retained Earnings | $-176.9M | $-157.6M | $-110.7M | $-92.2M | $-58.8M | $-43.9M | $-32.5M |
| Total Stockholders' Equity | $67.4M | $13.4M | $11.2M | $20.8M | $24.7M | $8.6M | $3.2M |